1st ITT Torunament OAV Libertador Simón Bolívar

It will be organized by the Organización Ajedrez Vinotinto and will give chances to get GM and IM norms, both for male and female participants.

A total of 10 rounds will be played. The pairings will be created using the Accelerated Swiss System until the 4th round. The time control will be of 90 minutes + 30 seconds per move from move 1.

The tournament will have a prize fund of 270.000 bolívares (approx. 63.000 USD). The first prizes in the main section will be 30.000, 20.000, 10.000 and 5.000 bolívares. There will be category prizes and special prizes for women, senior and unrated players.